Exact name of registrant as specified in its charter. Our Pizza Hut Operations. Pre-opening expenses and other. Direct restaurant costs and expenses 2: This game has three scoring methods for single player.

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In recent years there has been an increased legislative, regulatory and consumer focus on nutrition and advertising practices in the food industry, particularly among QSRs. We own our restaurant service center office in Pittsburg, Kansas, containing approximately 46, square feet of commercial office space. In addition, the franchise agreements contain restrictions on our ability to raise equity capital and require approval to effect a change of control.

Effective in and continuing throughthe advertising co-ops have agreed to transfer amounts equal to 1. The estimate of fair value is highly subjective and requires significant judgment related to the estimate of the magnitude and timing of adco, cash flows.

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The price charged for each menu item may vary from market to market and within markets depending on competitive pricing and the local cost structure. Cost of sales decreased 2. Such requirements may require us to obtain additional financing thereby limiting our ability to grow the business through acquisitions. We have pledged a significant portion of our assets as collateral under our Senior Secured Credit Facilities.

These and other macroeconomic factors could have an adverse effect on our sales mix, profitability or development plans, which could harm our consolidated financial condition and consolidated operating results.


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We are subject to cybersecurity risks, and if we suffer a security breach, we could damage our reputation with customers, incur substantial additional costs and become subject to litigation and government investigations and enforcement actions. Significant changes in OROE as a percentage of net product sales were as follows: We are not a party to any collective bargaining agreements and believe our employee relations are satisfactory.

Fiscal through fiscal amounts have not been restated to reflect such change. Acer Aspire Lan Card.

The agreement for the remaining 30 units was amended to be substantially similar to the TFA, paying a royalty rate between 4. Failure to comply with environmental laws could result in the imposition of penalties or restrictions on operations that could adversely affect our operations.

These statutes generally allow a person injured by an intoxicated person to recover damages from an establishment that wrongfully served alcoholic beverages to the intoxicated person. In addition, the QSR pizza and hamburger market is mature with limited opportunity for unit growth. This agreement for 51 units was amended to be substantially similar including royalty rates to the TFA. Net facility impairment charges.

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Such damages and costs could adversely affect our operations. We are required to maintain effective disclosure controls and procedures and effective internal control over financial reporting in connection with our filing of periodic reports with the SEC under the Securities Exchange Act of In addition, our capital expenditures could increase due to remediation measures that may be required if we are found to be noncompliant with any of these laws or regulations.


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The Company has outstanding checks that are written in excess of the cash balances at its bank that create a book overdraft, which the Company records as a liability. New product innovations are vital to the continued success of any restaurant and PHI maintains a research and development department which develops new products and recipes, tests new procedures and equipment and approves suppliers for Pizza Hut products.

Total debt including current portion 5.

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This update is effective for fiscal years beginning after December 15, and interim periods within those fiscal years, with earlier application permitted. In addition, these call centers process orders in certain metro markets that are placed via a specific dedicated Pizza Xdcom phone number that serves select markets.

OROE as a percentage of net product sales for the 52 weeks ended December 29, In addition, our online operations at www.

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